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India Is Trump’s Next Tariff Target

INDIA, JUL 30 – The tariff targets India's $70 billion trade with Russia to cut funds for Moscow's war in Ukraine, with India importing about 35% of its oil from Russia, Reuters data shows.

  • On Wednesday, President Donald Trump revealed that starting August 1, 2025, the U.S. will apply a 25 percent tariff on imports from India.
  • The tariff decision follows months of unsuccessful trade negotiations and targets India's large trade with Russia amid the ongoing conflict since February 2022.
  • India, ranked as the United States’ tenth largest trading partner in 2024 with a trade deficit of $45.7 billion, is also subject to further penalties if it does not decrease its purchases of Russian oil, which made up roughly 35 percent of its total oil imports in early 2025.
  • Trump criticized India for having some of the highest tariffs and most burdensome non-tariff trade restrictions, while analysts suggest that the proposed penalties are intended to compel India to reduce its trade with Russia, though details on the exact sanctions remain unclear.
  • This development heightens strains between India and the U.S., leading to renewed appeals for dialogue to carefully evaluate the drawbacks of conflict versus the advantages of maintaining a cooperative partnership.
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President Donald Trump has announced a 25 percent tariff on India along with an extra penalty, which will be effective from August 1. He has cited oil purchases from Russia and long-term trade barriers as the reason behind imposing this tariff.

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Bloomberg broke the news in United States on Wednesday, July 30, 2025.
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